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45 Russell Avenue, Ottawa, ON 19 photos

$1,600,000

Active
45 Russell Avenue, Ottawa, ON· Sandy Hill
6
Bedrooms
2
Bathrooms
2000-2500
Sq Ft
5
Detached Parking

About this Property

Rare opportunity in the heart of Sandy Hill with exceptional redevelopment potential. Situated on a prime 52.5 x 116 ft lot with rear laneway access and two detached garages, 45 Russell Avenue offers a unique chance to secure a property with strong future upside under desirable R4 zoning. Ideal for investors, developers, or strategic buyers, this property provides flexibility and long-term value in one of Ottawa's most dynamic neighbourhoods.The existing home offers immediate use or holding potential, easily converted to a Duplex, featuring a separate entrance and second-floor kitchen already in place, allowing for a potential reconversion to generate income while future plans take shape. Located steps to the University of Ottawa, transit, downtown core, and key amenities. Opportunities with this combination of location, scale, access, and flexibility are increasingly hard to come by.

Listed by RE/MAX HALLMARK REALTY GROUP · MLS# X13092832

About Sandy Hill

University Urban · Avg $550K

Sandy Hill is a historic urban neighbourhood located directly east of Ottawa's downtown core, bounded by the Rideau River to the east, Rideau Street to the north, and the University of Ottawa campus to the south and west. This duality — heritage residential streets alongside a major university — gives Sandy Hill a unique energy that combines the architectural grandeur of embassy row with the youthful vitality of a university quarter.

Avg Home Price$550K
Walk Score91
Embassies10+
Walk to Downtown10 min
View Full Sandy Hill Guide

Features & Details

Property details of 45 Russell Avenue, Ottawa, ON

Property TypeDetached
Style3-Storey
Size2000-2500 sq ft
BasementUnfinished, Development Potential
Total Parking5

Mortgage Calculator

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%
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Mortgage Payment$7,860/monthly
Principal54%
Interest46%
Principal Amount$1,280,000
Interest$1,078,096
Total Payable$2,358,096
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$7,860
Mortgage + Expenses$7,860
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$
$
$
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Monthly Cash Flow-$7,860

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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